Super Alloys Market, By Alloy Metal (Nickel, Iron Cobalt); By Alloy Type (Wrought, Cast); By End-Use Industry (Automotive, Aerospace & Defense, Industrial, Power & Energy, Chemical & Petrochemical, Oil & Gas, Others); By Geography (North America, Asia Pacific, Europe, Middle-East & Africa And South America)-Forecast to 2022
Super alloys are alloys that exhibit excellent mechanical strength and creep resistance at high temperatures, good surface stability, and corrosion and oxidation resistance. The super alloys are widely used in extreme environments where tremendous heat tolerance and corrosion resistance properties are needed. Chemical and petrochemical processing, power plants, oil and gas and aerospace and defense industries widely use the super alloys for their favourable physical and mechanical properties. Super alloys are used in manufacturing of Aircraft engines, Industrial gas turbines, Rocket engines, Space Vehicles, Submarines, Nuclear Reactors, Military Electric Motors, Chemical Processing Vessels, Heat Exchanger Tubing and others. Because super alloy based parts and components can withstand harsh environments, and exhibit high heat resistance, corrosion resistance and acid resistance, they are ideal materials for use for pumps, valves, piping systems, process equipment, turbines and assemblies in the marine, chemical processing, oil and gas, aerospace and military industries.
The super alloys market is expected to grow in Asia Pacific and middle-East & Africa due to growing industrialization in these regions. The growing governmental investments in military aircrafts and the increasing numbers of delivery of new aircrafts to meet the increasing numbers of passengers are some of the main drivers of super alloys market globally. The growing chemical and petrochemical industry around the globe, and growing oil & gas explorations will also help to drive the market of super alloys around the globe.
This market research study provides a detailed qualitative and quantitative analysis of the super alloys market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study of the super alloys market. The primary sources include experts from related industries and suppliers who have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market
Competitive scenarios of the top players in the super alloys market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as Alcoa Inc., Allegheny Technologies Incorporated (ATI), Special Metals Corporation (SMC), Haynes International, Aperam S.A., Carpenter Technology Corporation, Vdm Metals GmbH, Sandvik Materials Technology AB, Villares Metals, AMG Superalloys., Superalloy Industrial Company Ltd. (SAI), Doncasters, Nippon Yakin Kogyo. and others are operating in this market.
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